Key Points
. Dr Ruth Gottesman, a former professor at Albert Einstein College of Medicine is donating $1 billion to the New York City school, the largest gift of its type ever given in the United States, to pay the tuition of all of its students, the institution said on Monday. . The professor is donating from the fortune made by her late husband David Sandy" Gottesman, a Wall Street finance and early Berkshire Hathaway investor who died in September 2022, Reuters reported..
In a joint statement with the school, she said, I am very thankful to my late husband, Sandy, for leaving these funds in my care, and I feel blessed to be given the great privilege of making this gift to such a worthy cause.".
Gottesman joined the medical college in 1968 when she did research on child learning disabilities and created an adult literacy program..
The school, attended by some 1,100 students, is located in the Bronx, an area that ranks last in New York State for health outcomes and factors, according to the University of Wisconsin Population Health Institute..
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New York medical school students to go tuition-free after $1 billion donation
28, Feb, 24A medical school in New York will be tuition-free for all students from now due to a USD 1 billion donation made by a former professor, who is the widow of a Wall Street investor.